South Korea Trade Balance dipped from previous $8.74B to $8.72B in December

EUR/USD slumps below 1.1800 on hawkish Fed Minutes, eyes on ECB succession

The EUR/USD pair tumbles to a near two-week low around 1.1785 during the early Asian session on Thursday. The US Dollar (USD) strengthens against the Euro (EUR) on hawkish FOMC minutes that revived speculation about potential interest rate hikes if inflation remains elevated. 
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RBNZ’s Breman says will adjust policy if inflation outlook changes

Reserve Bank of New Zealand’s (RBNZ) new Governor Anna Breman said on Thursday that if the outlook for inflation changes, committee will adjust policy stance to ensure inflation returns to target.
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